Sunday, February 21, 2010

SPX - Big Picture - Monthly Chart

Can market close this month above 1115,10 ?
Next friday market will give us the answer.
Let see last 19 years of success...
1115.10 is the higher close of this upswing that begin March 2009.
If close monthly above 1115.10 can be a good signal to attack again last high 1150.
Alert reversal signal next month if close below 1048,81.
Confirmation reversal trend last year close monthly below 1019.95.
Can also see SPX500 - Weekly Market Report
Can also see SPX500 - Daily Market Report
Click to zoom in. Good luck.